Shaokai Fan

Head of Central Banks World Gold Council

Central bank digital currencies and the implications for the gold market

The world appears to be poised for the next step in the evolution of money. Private cryptocurrencies have emerged as a potential new medium of exchange, although their long-term viability is yet to be proven. Central banks have also seized on the possibilities brought about by our highly digitised world with the development of central bank digital currencies, or CBDCs.

Posted 2 years 2 months ago

Adam Perlaky

Senior Analyst, Americas World Gold Council

Yield compression and margin levels raise concerns about market risk

We’ve regularly discussed rates and inflation in 2021 as two key drivers of global markets. With lower expected future returns on fixed income, these drivers give credence to the idea that many institutional investors would need to move further out on the curve (take more risk) and/or use leverage to meet their financial obligations. Both of which now appear to be happening.

Posted 2 years 3 months ago